Still, it is remarkable that NPLs accumulated rate (€24 billion) last year equals the “sanitation work” the bad bank Sareb carried by purchasing toxic assets of the Spanish entities.
Last numbers represent the fourth consecutive decline in NPLs and now stand at the lowest level since September 2013.
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.
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